Millerstown, PA—17062
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Millerstown, PA
As of Oct '25, the median home price in Millerstown, PA is $293,000, with a year-over-year change of 1.0%. This indicates that home prices in Millerstown, PA are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $293,000 | 1.0% |
| Single Family | $293,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $273,000 | 5.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millerstown, PA
As of July '25, Rentcast reports the average rent in Millerstown, PA is $1,250, with a year-over-year rent change of -19.4%. Per bedroom, the median rent as of July '25 in Millerstown, PA is 2-bedrooms: $1,000, 3-bedrooms: $1,370. The most common rental property sizes in Millerstown, PA are 3-bedroom and 2-bedroom, accounting for 39.9% and 37.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | $1,300 | $1,370 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Millerstown, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Millerstown, PA is 76. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $315,000 | 70.0% |
Listing Count | 8 | 4.0% |
| Listings as % of Homes | 0.2% | 4.0% |
Days on Market | 76 | -15.0% |
Demographics — Millerstown, PA
As of the latest ACS Survey released in 2023, Millerstown, PA has a population of 4,090, which has decreased by -4.3% over the past 5 years. Millerstown, PA is a moderately popular place for families, as children make up 22.8% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,090 | -4.3% |
% Under 18 | 22.8% | -10.2% |
% Seniors | 18.0% | 8.4% |
% WFH | 14.1% | 147.4% |
% w/ College Degree | 25.4% | 26.4% |
As of the latest ACS Survey released in 2023, Millerstown, PA is a predominantly white area, with 94.5% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Millerstown, PA is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.0% of the population in Millerstown, PA, and this percentage has increased by 42.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.5% | -3.4% |
% Black | 0.1% | ∞% |
% Hispanic | 2.9% | 163.6% |
% Asian | 0.4% | ∞% |
% Foreign Born | 1.0% | 42.9% |
Mortgage and Risk — Millerstown, PA
According to HUD data as of 2023, there were 113 mortgage originations in Millerstown, PA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Millerstown, PA. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 4.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Millerstown, PA
Millerstown, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 3.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | $150 | $1,000 | $1,150 |
| 3 Bedroom | $180 | $1,300 | $1,480 |
| 4 Bedroom | N/A | N/A | $1,530 |
Affordability — Millerstown, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $293,000 |
| Median Household Income | $89,400 |